Property summary
This exceptional 19,000-square-foot retail property, located at 3519 Military St in Port Huron, Michigan, presents a unique investment opportunity. Situated on a 2.89-acre lot, this single-tenancy building boasts 100% occupancy and offers stunning water views. Built in 1967 and zoned for commercial use, the property features 24-foot ceilings and 14-foot overhead doors, easily accommodating semi-trucks. Recent extensive renovations include a new concrete interior, a modern tiled-floor office, fresh paint, new trim, doors, and a renovated bathroom. Significant upgrades also encompass a new roof, furnace, water heater, and plumbing system – all completed by licensed contractors with permits and inspections. Ample parking is available with 100 spaces. The property's size and location make it ideal for a variety of uses, including redevelopment into condominiums, storefronts, or even a grocery store. This is a truly one-of-a-kind property in Port Huron, priced at $1,790,000 ($94.21/sq ft). The current lease has expired. Please note that audio and/or video surveillance may be in use.
Property profile
VerifiedCap rate & NOI
Current use
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Car Dealership
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Port Huron market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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